Auditing is, at best, a cumbersome and time-consuming engagement. Whether it’s an audit of internal controls, or one to produce audited financial statements, there’s always a fairly complex and time- ...
Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.
The audit community’s adoption of electronic working papers to encourage collaboration has had an unintended consequence of creating dark data. That is, data trapped within these new documents, making ...
The chairs of corporate audit committees want to hear more regularly from auditors, but they’re also concerned about “over-auditing” and “over-documentation,” according to the Public Company ...
The fact that the Big Four audit firms are being used both for statutory and software licence audits should raise alarm bells in IT departments. As Computer Weekly has previously reported, the ...
Karen Schwartz is a freelance technology writer based in the Washington D.C. area. A software audit is a daunting situation for any organization – one that creates demands and stress on IT staff and ...
Financial statement audits are an essential part of doing business, but often are complex and can require documentation gathering, most times requiring email correspondence back and forth between the ...
The Business Software Alliance's (BSA ) claim that 90% of all audit letters sent in 2012 were the result of tips from whistle-blowers should be a wake-up call to CIOs. IT chiefs may well ponder how to ...
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